Slovakia's cb favours fast euro entry

The National Bank of Slovakia (NBS) said it supported an early introduction of the euro in Slovakia.

NBS governor Marian Jusko said that the advantages outweighed the drawbacks that the introduction of the EU currency would bring to this central European state.

"The advantage is a more stable economic environment. It will not be necessary to face risks resulting from moving rates, and expenses related to exchanges of [Western] currencies will also be dropped," Jusko told the Slovak daily Prav